Personal loans in Cushing, IA

Cushing, Iowa is a small community, and the lending rules its residents live under are written at the state level, not by the city. About 223 people live in Cushing, placing it 638th of 940 Census places in Iowa. From the 2020 Census base to the 2023 estimate, the population declined by about 3.0%. Lenders active in Iowa report to a state supervisor, identified in the sourced rows below. Judge offers on total cost, not on how quickly the money arrives. The nearest larger city is Correctionville, IA about 6 miles away.

By the Personalloaner Editorial Team · Last updated 2026-09-16

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Borrowing in Cushing: the local picture

Read the local figures below as context; read the sourced Iowa table as the rulebook a lender here must follow.

Population: about 223 people live here, which puts Cushing 638th of 940 Census places in Iowa (Vintage 2023).
Population trend: The 2020-to-2023 change is negative, near 3.0%.
Size percentile: roughly 32% of Iowa's places have fewer residents.
Location: the Census Gazetteer records it at 42.4651, -95.6757.
Nearest larger cities: Correctionville (6 mi); Holstein (7 mi); Battle Creek (11 mi); Anthon (11 mi); Pierson (11 mi). A bigger neighbour may offer more branches; the rate you see still follows your credit, not your address.
Nearest smaller towns: Washta (8 mi); Oto (17 mi); Arthur (19 mi) — useful context for the surrounding area.

What Iowa law requires in Cushing

The rows below set out what a licensed lender must follow in Iowa, and so in Cushing.

Rule	Detail	Source
Small-loan / installment lender licensing	Regulated Loan Act license required (superintendent of banking) Source says: "shall not engage in the business of making loans ... without first obtaining a license from the superintendent of banking".	Iowa Legislature (Iowa Code) as of 2026-09-16
State lending regulator	Iowa Division of Banking (IDOB), Iowa Department of Insurance and Financial Services Source says: "As part of the 2023 state government realignment, the IDOB became part of a new Department of Insurance and Financial Services".	Iowa Division of Banking as of 2026-09-16
Delayed deposit fee cap	Fee cap: $15 on first $100 of check face amount; $10 on subsequent $100 increments Source says: "fifteen dollars on the first one hundred dollars ... or more than ten dollars on subsequent one hundred dollar increments".	Iowa Legislature (Iowa Code) as of 2026-09-16
Maximum legal interest rate (usury cap)	2 percentage points above the monthly average 10-year U.S. Treasury constant maturity rate (written agreements) Source says: "The maximum lawful rate of interest ... in any written agreement ... shall be two percentage points above the monthly average ten-year constant maturity interest rate".	Iowa Legislature (Iowa Code) as of 2026-09-16
Payday lending status	Permitted under license (delayed deposit services; must be physically located in Iowa) Source says: "A person shall not operate a delayed deposit services business in this state unless the person is physically located in this state and licensed by the superintendent".	Iowa Legislature (Iowa Code) as of 2026-09-16

What a Cushing personal loan looks like

Most personal loans made to Cushing residents are unsecured, so no collateral is pledged and the lender leans on your credit history. Only when you accept an offer and finish a full application does the lender run a hard inquiry, which may cost a few points for a short time. Borrowing is a decision to make calmly, not one to rush.

A pre-application checklist for Cushing

Complete these steps first when you borrow in Cushing:

Order your free credit reports and dispute anything inaccurate — it is the cheapest way to move the rate you are offered.
Price the payment first with our personal loan calculator before any lender quotes you.
Pre-qualify with three or more lenders, then compare the APR rather than the interest rate.
Confirm the lender holds a Iowa licence by checking the regulator named above.
Do not borrow more than the expense calls for, even if a lender approves a larger amount.

Compare personal loan offers Run the numbers first

Common questions

What are my options in Cushing if my credit is poor?

Borrowing is still possible, but expect a higher APR and a smaller approved amount. Lenders that accept lower scores hold statewide licences, so what is open to you in Cushing is the same as anywhere in Iowa.

What loan size can I expect in Cushing?

Most personal loans sit somewhere between $1,000 and $50,000, though the figure you are approved for turns on the lender, your income and your credit. Model the monthly payment first with our personal loan calculator.

Do I have to pledge anything to borrow in Cushing?

For an unsecured personal loan, no — there is nothing to pledge. A secured loan, such as home equity or one secured by a vehicle, does require collateral, and default puts that asset at risk.

Does comparing loans in Cushing cost me credit score points?

Not during pre-qualification, which normally uses a soft pull and leaves your score alone. Submitting a full application triggers a hard inquiry, which can trim a few points briefly.

Nearby places

Correctionville, IA — population 746
Washta, IA — population 205
Holstein, IA — population 1,475
Battle Creek, IA — population 685
Quimby, IA — population 246
Anthon, IA — population 531
Pierson, IA — population 331
Danbury, IA — population 311